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No reliance should be placed on the content as the basis for any investment or other decision or in connection with any advice given to third parties. Please consult your appropriate professional adviser as necessary. Kaplan Publishing Limited and all other Kaplan group companies expressly disclaim all liability to any person in respect of any losses or other claims, whether direct, indirect, incidental, consequential or otherwise arising in relation to the use of such materials.  \nAll rights reserved. No part of this examination may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without prior permission from Kaplan Publishing.  \nAcknowledgements  \nThe past ACCA examination questions are the copyright of the Association of Chartered Certified Accountants. The original answers to the questions from June 1994 onwards were produced by the examiners themselves and have been adapted by Kaplan Publishing.  \nWe are grateful to the Chartered Institute of Management Accountants and the Institute of Chartered Accountants in England and Wales for permission to reproduce past examination questions. The answers have been prepared by Kaplan Publishing.  \nCONTENTS  \nPage  \n\n| Index to questions and answers | P.5 |\n| --- | --- |\n| Analysis of past exams | P.10 |\n| Specific AFM exam information | P.11 |\n| Exam technique | P.13 |\n| Kaplan’s recommended revision approach | P.15 |\n| Kaplan’s detailed revision plan | P.17 |\n| Mathematical tables and formulae sheet | P.23 |\n\nSection  \n\n| 1 | Practice questions – Section A | 1 |\n| --- | --- | --- |\n| 2 | Practice questions – Section B | 61 |\n| 3 | Answers to practice questions – Section A | 151 |\n| 4 | Answers to practice questions – Section B | 309 |\n| 5 | AFM Specimen exam – questions | 519 |\n| 6 | AFM Specimen exam – answers | 527 |\n\nVersions of some questions in this Exam Kit may also be available on the ACCA Practice Platform on the ACCA website. They are a very useful reference, in particular to attempt using ACCA’s exam software. However, you should be aware that ACCA will decide when those questions will beamended for syllabus changes or replaced, so they may differ slightly from the versions in this Exam Kit  \nKey features in this edition  \nIn addition to providing a wide ranging bank of real past exam questions, we have also included in this edition:  \n• An analysis of all of the recent examinations.  \n• AFM specific information and advice on exam technique.  \n• Our recommended approach to make your revision for this particular subject as effective as possible.  \nThis includes step by step guidance on how best to use our Kaplan material (Study Text, Pocket Notes and Exam Kit) at this stage in your studies.  \n• Enhanced tutorial answers packed with specific key answer tips, technical tutorial notes and exam technique tips from our experienced tutors.  \n• Complementary online resources including full tutor debriefs and question assistance to point you in the right direction when you get stuck.  \nVersions of some questions in this Exam Kit may also be available on the ACCA Practice Platform on the ACCA website. They are a very useful reference, in particular to attempt using ACCA’s exam software. However, you should be aware that AC","cbCairo6kAy9Nc4w","https://ap.wps.com/l/cbCairo6kAy9Nc4w","pdf",12787361,570,"English","# Index to questions and answers\n## Analysis of past exams\n## Specific AFM exam information\n## Exam technique\n## Kaplan’s recommended revision approach\n## Kaplan’s detailed revision plan\n## Mathematical tables and formulae sheet\n# Practice questions – Section A\n# Practice questions – Section B\n# Answers to practice questions – Section A\n# Answers to practice questions – Section B\n# AFM Specimen exam – questions\n# AFM Specimen exam – answers","[{\"question\":\"What exam sittings does this AFM Exam Kit 2026-27 cover?\",\"answer\":\"It is valid for September 2026, December 2026, March 2027 and June 2027 sittings for ACCA Advanced Financial Management (AFM).\"},{\"question\":\"How does the kit handle past exam questions adapted to the current exam format?\",\"answer\":\"It uses an index where an “A” next to a question indicates adaptation. 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